Sanctions

Sanctions

China Cautions Japan Against Expanding Export Controls

By Editors | 30/04/2024

MOFCOM said Japan’s proposal to expand its controls on certain semiconductor products will damage the stability of global supply chains.

Sanctions

OFAC Extends Authorisation for Russia-related Energy Transactions

By Editors | 29/04/2024

The general licence authorises energy-related transactions with nine Russian banks and the central bank. It was scheduled to expire on 1 May 2024.

Sanctions

Russia Places Two EU Companies Under Gazprom Management

By Editors | 28/04/2024

Italy’s Ariston and Germany’s BSH Hausgeraete were placed under the management of JSC Gazprom Household Systems.

AML / KYC

US DOJ Charges Founders of Crypto Mixer “Samourai Wallet”

By Editors | 27/04/2024

Over around ten years, Samourai Wallet was used to launder over $100mn in crime proceeds, earning the founders at least $4mn in fees.

Sanctions

France Proposes New Sanctions to Target Russian Disinformation

By Editors | 27/04/2024

The sanctions would target the disinformation on social media, the use of AI-generated deep fakes, the creation of fake websites, and election interference.

Sanctions

Japan Proposes to Tighten Export Control Regulations

By Editors | 27/04/2024

Companies would be required to report transfers of technology in areas where Japan has an advantage over other countries, and seek approval for such exports.

Sanctions

US, UK, Canada Announces More Sanctions for Iran’s Airstrike

By Editors | 26/04/2024

The US targeted 16 entities, eight individuals, five vessels and one aircraft. The UK and Canada also sanctioned targets involved in Iran’s drone and missile industries.

Enforcement

DOJ Charges Two Chinese Nationals for IEEPA Violations

By Editors | 26/04/2024

The two individuals (one arrested) conspired to evade export controls to obtain US chip-making technology for a prohibited Chinese company.

Sanctions

US, Japan, Korea to Collaborate on Technology Export Controls

By Editors | 26/04/2024

The launch of the “Disruptive Technology Protection Network” comes amid US calls for Japan and Korea to tighten controls on chip-related exports to China.